Public Charity

Foundation Properties Inc

Foundation Properties Inc is a Public Charity headquartered in Columbus, GA. Financial data from the 2025 filing: $4.1M revenue, $2.4M expenses, $38.2M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $152K.

EIN: 581940977 Columbus, GA Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$4.1M
Total Expenses$2.4M
Total Assets$38.2M
Grants Given5
Grant Total$152K
Filing Years2021–2025

Mission

The principle purpose of Foundation Properties, Inc. shall be to promote the cause of higher education at Columbus State University, a unit of the University System of Georgia located in Columbus, GA, specifically through the management of real property affiliated with the University, holding real property for future development by the University and holding investment property for the benefit of the University.

Where $100 goes at Foundation Properties Inc

How Foundation Properties Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$47
Holding, management and contribution of real property in support of Columbus State University
50% of program spending
$46
Miscellaneous income primarily consisting of parking fees and application fees for student housing
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Columbus State Univerity
Columbus, GA · 2024
Scholarships
$22,469
Columbus State Univerity
Columbus, GA · 2023
Scholarships
$28,123
Columbus State Univerity
Columbus, GA · 2022
Scholarships
$44,795
Columbus State Univerity
Columbus, GA · 2021
Scholarships
$18,334
Columbus State Univerity
Columbus, GA · 2020
Scholarships
$38,413

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Trustee Bill Reaves
Trustee Brenda Williams
Secretary Janet Davis
Trustee Mat Swift
Trustee Matt Prielozny
Treasurer Pace Halter

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$152,134 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $2.4M $38.2M
2024 $596K $4.3M $37.8M
2023 $5.4M $4.7M $66.2M
2022 $6.2M $4.6M $80.4M
2021 $5.9M $6.5M $109.2M

Between 2021 and 2025, reported annual revenue declined from $5.9M to $4.1M (-31%), with total assets most recently reported at $38.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in GA.

GA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Foundation Properties Inc

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